Craft accelerator Founders First has acquired the majority shareholding in the gin brand of Indigenous Australian former AFL player Daniel Motlop.
The ACCC will not oppose Asahi’s acquisition of CUB after Asahi undertook to divest two of its beer brands and three of its cider brands.
Joining its lineup of craft beer, spirits and kombucha brands, Founders First has spent $1.5 million to buy Kangaroo Island Distillery.
Sydney’s All Hands Brewing House has been sold in a $20 million deal marking a trend of major hospitality groups looking to invest in craft brewing.
After making a $1.5 million investment in Potters Brewery in the Hunter Valley, Mark Haysman tells Brews News how the hospitality and venue network that Founders First is building will help its craft brands’ long term strategies.
The Gold Coast’s Balter Brewing Co has confirmed it has been acquired by Carlton and United Breweries after weeks of rumours.
After more than two years of ‘red hot’ rumours, Brisbane’s Green Beacon has announced it has been purchased by Asahi just weeks after the Japanese drinks giant acquired CUB.
Bintani Australia has announced a partial sale to US counterpart Rahr Corporation.
The appetite for acquisition continues with ABInBev’s innovation division ZX Ventures announcing it has purchased online retailer BoozeBud.